🔔Crypto wealth management platform Yield App is shutting down due to losses from the FTX collapse. Founded in 2020, Yield App offered a platform for earning interest, buying, and swapping crypto assets. The firm's funds are currently stuck on the FTX exchange. The shutdown follows "portfolio losses incurred through third-party hedge fund managers" who held Yield App assets on FTX. The firm is now entering liquidation proceedings. 💔 What are your thoughts on this? Let's discuss in the comments! #YieldApp #FTXcollapse